LCNB CORP
For the period ended Sep 30, 2026. Filed Nov 4, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 4, 2026
LCNB$19.66-0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS
(In thousands)
| Nine Months Ended | ||
|---|---|---|
| September 30, | ||
| 2026 | 2025 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net income | $19,247 | 17,464 |
| Adjustments to reconcile net income to net cash flows from operating activities: | ||
| Depreciation, amortization, and accretion | 1,639 | 522 |
| Provision for credit losses | 3,068 | 426 |
| Deferred income tax provision | 1,560 | 2,146 |
| Increase in cash surrender value of bank-owned life insurance | (1,097) | (1,060) |
| Realized and unrealized (gains) losses from equity securities, net | 50 | (21) |
| Realized losses from disposition of premises and equipment | 14 | — |
| Realized gain from sales of premises held-for-sale | (5) | — |
| Origination of mortgage loans for sale | (50,870) | (79,955) |
| Realized gains from sales of loans | (964) | (2,174) |
| Proceeds from sales of originated loans | 50,763 | 83,667 |
| Compensation expense related to restricted stock | 487 | 515 |
| Changes in: | ||
| Accrued interest receivable | (300) | (102) |
| Other assets | (100) | (407) |
| Other liabilities | (704) | 635 |
| TOTAL ADJUSTMENTS | 3,541 | 4,192 |
| NET CASH FLOWS PROVIDED BY OPERATING ACTIVITIES | 22,788 | 21,656 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Equity securities: | ||
| Purchases of securities | (33) | (30) |
| Available for-sale debt securities: | ||
| Proceeds from maturities, prepayments and calls | 29,156 | 26,576 |
| Purchases of securities | (12,199) | (1,680) |
| Held-to-maturity debt securities: | ||
| Proceeds from maturities, prepayments and calls | 404 | 391 |
| Purchases of securities | — | (1,377) |
| Net increase in interest-bearing time deposits | (252) | (8) |
| Proceeds from redemption of Federal Home Loan Bank stock | 492 | — |
| Net (increase) decrease in loans | (10,851) | 45,189 |
| Purchases of premises and equipment | (2,377) | (614) |
| Proceeds from sales of premises and equipment | 1 | 1 |
| Proceeds from sales of premises held-for-sale | 60 | — |
| Funding of tax credit investments | (1,688) | (1,422) |
| NET CASH FLOWS PROVIDED BY INVESTING ACTIVITIES | 2,713 | 67,026 |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Net increase (decrease) in customer deposits | 42,161 | (29,210) |
| Proceeds from issuance of long-term debt | — | 363 |
| Principal payments on long-term debt | (34,428) | (50,799) |
| Proceeds from issuance of subordinated debt | 25,000 | — |
| Payment of debt issuance costs | (612) | — |
| Proceeds from issuance of common stock | 434 | 505 |
| Repurchase of common stock | (16) | (69) |
| Cash dividends paid on common stock | (9,404) | (9,351) |
| NET CASH FLOWS USED IN FINANCING ACTIVITIES | 23,135 | (88,561) |
| NET CHANGE IN CASH AND CASH EQUIVALENTS | 48,636 | 121 |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD | 21,614 | 35,744 |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD | 70,250 | 35,865 |
| SUPPLEMENTAL CASH FLOW INFORMATION: | ||
| CASH PAID DURING THE YEAR FOR: | ||
| Interest | $20,080 | 26,607 |
| Income taxes | 595 | — |
| SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING ACTIVITIES: | ||
| New commitments in affordable housing tax credit investments | $3,000 | — |
| Loans provided for sales of premises held-for-sale | 278 | — |
| Transfer from premises and equipment to premises held-for-sale | — | 598 |
| Right-of-use assets obtained in exchange for lease obligations | — | 1,075 |
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